Cisco Layoffs 2024 San Josefine. Will impact 729 employees in the bay area, according to layoff notices filed with the state. Cisco systems confirmed massive layoffs wednesday with plans to cut about 7 percent of its global workforce, which should cost up to $1 billion.
The mass layoffs announced wednesday in conjunction with cisco’s latest quarterly results represent about 5% of its worldwide workforce of 84,900. Will impact 729 employees in the bay area, according to layoff notices filed with the state.